Suchergebnisse

The strengths of the welfarist framework are a reliance on empirical analysis and an explicit social evaluation framework. The focus of economists should be on applying developments in welfare measurement to the health sector.

The author sees the measurement of world welfare as social action because in the course of measurement our ideas of the world change, leading, hopefully, to the initiation of changes in the world itself. She is therefore interested in evolving indicators not for system states but for system processes, of which four form the core: participation (in the process of shaping the conditions of life), production (of food, goods, energy, information, and services), distribution (of all that is produced and the manner in which it is shared by the various sectors of society), and 'nurturance' (empathic, altruistic, caring responses that enhance human growth). There is a fifth Process, equally important (because it acts as a multiplier to other processes) but difficult to measure: the process of 'joying', which imports the dimension of expansiveness to all human acts.

This book cleverly integrates the research on welfare measurement and social accounting in imperfect market economies. In their previously acclaimed volume, Welfare Measurement, Sustainability and Green National Accounting, the authors focused on the external effects associated with environmental damage and analysed their role in the context of social accounting. This book adopts a much broader perspective by analysing a wide spectrum of resource allocation problems of real-world market economies

This book cleverly integrates the research on welfare measurement and social accounting in imperfect market economies. In their previously acclaimed volume, Welfare Measurement, Sustainability and Green National Accounting, the authors focused on the external effects associated with environmental damage and analysed their role in the context of social accounting